Which of the following assertions regarding the economic approach is false? a. The goal of economic approach is to maximise net benefits. b. A change is economically efficient as long as marginal benefit is at least as great as marginal cost. c. A change is economically efficient as long as the marginal social benefits exceeds marginal private benefits. d. Economists prefer incentive-based policies to command-and-control.

Which of the following assertions regarding the economic approach is false? a. The goal of economic approach is to maximise net benefits. b. A change is economically efficient as long as marginal benefit is at least as great as marginal cost. c. A change is economically efficient as long as the marginal social benefits exceeds marginal private benefits. d. Economists prefer incentive-based policies to command-and-control.

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter6: Population Health

Section: Chapter Questions

Problem 8QAP

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